Instructions For Schedule K-47 - Kansas Department Of Revenue
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1INSTRUCTIONS FOR SCHEDULE K-47
GENERAL INFORMATION
The 1997 Kansas Legislature created two types of
PART B — SPECIAL NEEDS OR SRS CUSTODY
adoption tax credits (under House Bill 2031). These
ADOPTION CREDIT
credits are available to Kansas residents and to part-
year residents of Kansas who file a Kansas tax return
You must enclose a copy of these forms and documents:
as a Kansas resident.
General Adoption Credit: The credit for residents
Agency Consent to Adoption
adopting a child is 25% of the adoption credit allowed
Adoption Support Agreement
against your federal income tax liability on your federal
Adoption Decree, and
return (See the instructions for line 1 below).
Federal Form 8839 (if applicable).
Special Needs/SRS Custody Adoption Credit: For
residents adopting a special needs child or a child in
LINE 3 — The credit amount is $1,500 for each special
the custody of the secretary of Social & Rehabilitation
needs or SRS custody child adopted this tax year.
Services, the credit is $1,500. This credit is available
Multiply $1,500 by the number of qualifying children
even if you have been reimbursed for all or part of the
adopted and enter on line 3.
qualifying adoption expenses. Residents adopting a
special needs or SRS custody child cannot use the
general adoption credit for expenses incurred to adopt
PART C — COMPUTATION OF THIS YEAR’S
the special needs or SRS custody child.
CREDIT
Kansas Tax Liability Limit: If your Kansas adoption
credit is more than your Kansas tax liability for the tax
year (after other Kansas credits have been deducted),
LINE 4 — Do not enter anything on this line if this is
you may carry forward any unused credit amount the
your first year to claim this credit. In subsequent years,
next five tax years or until the credit is used, whichever
enter the amount from line 8 of your prior year’s Schedule
is first.
K-47. Enclose a copy of that Schedule K-47 with this
SPECIFIC LINE INSTRUCTIONS
one.
You must enclose a copy of Federal Form 8839.
Complete either Part A or Part B, whichever is
LINE 5 — Enter the total of lines 2, 3 and 4.
applicable. Complete Part A if you incurred expenses
LINE 6 — Enter the amount of your Kansas tax liability
to adopt an eligible child. Complete Part B if you incurred
after all other credits except this one.
expenses to adopt a special needs child or a child in
the custody of SRS. You may only complete both Parts
LINE 7 — Enter the smaller of lines 5 or 6. This is the
A and B if you have adoption expenses for two or more
amount of your Kansas adoption credit for this tax year.
children in a tax year, one of whom is a special needs
Enter this amount on line 15 of Form K-40. If you have
child or a child in SRS custody.
other tax credits from other credit schedules (such as a
If your qualifying expenses for the federal credit arise
disabled access credit, Schedule K-37), add line 7 to
only from the adoption of a special needs/SRS custody
the other credits and enter the total on line 15 of Form
child(ren), skip Part A and complete Part B.
K-40.
If your Kansas adoption credit (line 5) is more than
PART A — GENERAL ADOPTION CREDIT
your Kansas tax liability for this tax year (line 6), you will
use the excess amount on next year’s return. Complete
LINE 1 — Enter the federal adoption credit amount
Part D.
allowed on your federal return this tax year . This is
generally the amount of credit shown on federal Form
8839. However, if your federal adoption credit amount
PART D — COMPUTATION OF CARRY FORWARD
is greater than your regular federal tax liability, enter
CREDIT
only the amount actually applied to your federal tax
liability.
LINE 8 — Subtract line 7 from line 5. Do not enter an
IMPORTANT: If the expenses used to compute your
amount less than zero. This is the amount of credit you
federal credit on Form 8839 include general adoption
will have available to enter on line 4 of your next year’s
expenses and expenses incurred to adopt a special
Schedule K-47. Keep a copy of this schedule to file
needs or SRS custody child, you may only include the
with your next year’s tax return and Schedule K-47.
general adoption expenses as the basis for the federal
credit amount on line 1. To determine what portion of
TAXPAYER ASSISTANCE
your federal credit is for general adoption expenses,
For assistance in completing this schedule contact:
subtract your adoption expenses for the special needs/
Customer Relations — Tax Assistance
SRS custody child from the total expended and com-
Kansas Department of Revenue
pute your federal credit using only the general adoption
915 SW Harrison
expenses. Enclose your computation of allocated ex-
Topeka, KS 66625-0001
penses and federal credit with this schedule.
(785) 296-0222
LINE 2 — Multiply line 1 by 25% (.25).
Hearing Impaired TTY: (785) 296-6461
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